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MACS plans to issue common stock to the public at $80. The last paid dividend was $3 per share (D0=$3). Dividend growth rate is 5%.
Question 1) If floatation cost of the stock issuance is 10%, what's the net proceed of the stock issue?
Question 2) What's cost of external equity?
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Create ledger accounts in the books of Mango coal Company. On 1st June Mango Coal Company consigned 2,000 tonnes of coal invoiced at Rs. 100 per tonne.
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